The Cheapest and Fastest Way to Send Money from Singapore to Malaysia with Panda Remit
熊猫速汇PandaRemit - 2025-12-23 14:31:48.0 7
If you're an expatriate living in Singapore and need to send money to Malaysia, especially to your family or friends who prefer receiving funds directly in their digital wallets, Panda Remit offers the fastest and most cost-effective solution. As the official partner of Touch 'n Go (TNG), Panda Remit enables direct transfers to TNG Wallets—making it easier than ever to send money to Malaysia within minutes, with no hidden fees. Let's explore why Panda Remit is your best choice for cross-border transfers.
Why Panda Remit is the Best Option for Sending Money to Malaysia
Panda Remit stands out as the preferred platform for remitting money from Singapore to Malaysia due to its partnership with Touch 'n Go (TNG). TNG is a widely used e-wallet in Malaysia, allowing you to send money directly into your loved ones' wallets without the hassle of bank transfers. By linking your TNG account, you can bypass the traditional banking methods, saving both time and money.
For full instructions on using Panda Remit for TNG transfers, check out the official tutorial here.
How to Send Money Using Panda Remit to TNG
Sending money to TNG Wallet via Panda Remit is straightforward. First, download the Panda Remit app and the TNG app. Once your accounts are set up, initiate the transfer through Panda Remit. By selecting TNG Wallet as your recipient, you can directly deposit the funds into your receiver’s TNG wallet without needing any banking details like SWIFT codes or long approval processes.
Advantages of Sending to TNG Wallet vs. Bank Transfers
In today’s world of digital shopping and gifting, sending funds directly to a digital wallet like TNG is far more convenient than transferring money to a bank account. If you’re sending money for online purchases or even gifts, it’s quicker and easier to top up the recipient’s TNG Wallet, where they can use it immediately for digital shopping or bill payments. You don’t need to worry about waiting for the money to clear, as it arrives within minutes.
Comparing Panda Remit with Traditional Banks
| Service | Exchange Rate Transparency | Transfer Speed | Operational Complexity | Fee Structure |
|---|---|---|---|---|
| Panda Remit | Fixed and transparent exchange rate | 2 minutes | Easy: No SWIFT code needed | Fixed Fee |
| Traditional Bank | Variable and often hidden | 3-5 days | Complex: Requires SWIFT code, long approval | Percentage of the amount |
FAQs
What is the best app for sending money from Singapore to Malaysia?
The best app for sending money from Singapore to Malaysia is Panda Remit. With its partnership with Touch 'n Go (TNG), you can send money directly to TNG Wallets in just 2 minutes. Unlike other services, Panda Remit charges a fixed fee, making it more economical, especially for larger amounts. No hidden fees or complicated processes like SWIFT codes are involved.
Is it safe to send money through Panda Remit to Malaysia?
Yes, it is safe to send money through Panda Remit. The service is regulated by the Monetary Authority of Singapore (MAS), ensuring secure and compliant transactions. Panda Remit uses advanced encryption technology to protect your personal and financial information. As a TNG official partner, it provides guaranteed amounts, meaning the receiver gets exactly what you send, with no extra deductions.
How much does it cost to send 1000 SGD to Maybank Malaysia without hidden fees?
Sending 1000 SGD to Maybank Malaysia through Panda Remit costs significantly less compared to traditional banks. Panda Remit offers a fixed fee, which is cheaper than percentage-based charges. Moreover, the transfer arrives within 2 minutes, making it the fastest and most transparent option available.
In conclusion, Panda Remit offers a full-digital experience for sending money from Singapore to Malaysia, especially to recipients using TNG Wallet. With the lowest fees, fastest transfer speeds, and the convenience of no SWIFT codes or bank approvals, it’s the best choice for expats, digital shoppers, and anyone looking for an easy way to send money without hidden fees.
